MIRA INFORM REPORT

 

 

Report Date :

24.09.2007

 

IDENTIFICATION DETAILS

 

Name :

Euro JVL NV

 

 

Registered Office :

Sneeuwbeslaan 19, 2627 Schelle

 

 

Country :

Belgium

 

 

Date of Incorporation :

29/03/2006

 

 

Legal Form :

Public Limited Company

 

 

Line of Business :

Import, export, wholesale business, retail trade and transit trade in jewelry, watches, precious stones, semi-precious stones, etc.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Small Company

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 


name & address

 

Euro JVL NV

Sneeuwbeslaan 19

2627   SCHELLE

Tel.:+32 (0)3-4759001

 

 

Legal status  

 

NV Public limited company [nat. law]

 

 

Founded

 

29/03/2006 as P.l.c.

 

 

Trade register

 

52880400

 

 

Capital

 

Nominal                        EUR     100.000,--

issued and paid up         EUR     65.000,--

 

 

Management   

 

Willy Van den Bergh, Hoofdboslaan 49, 2620 Hemiksem

 

Anja Van Camp, Sneeuwbeslaan 19, 2627 Schelle

 

Peter Maria Christiaan Van der Wal,

Sneeuwbeslaan 19, Schelle

 

 

Activity

 

The import, export, wholesale business, retail trade and transit trade in jewelry, watches, precious stones, semi-precious stones, etc., both for own account and for others; manufacture and processing of these; commission and broker trade;

 

                                          

Staff

 

Not known

 

 

Real estate

 

The business premises at the mentioned address has been rented by the company, as far as we know.

 

 

Finances

 

Due to the closed character of the company a financial comment is not possible at this stage.

                                          

 

Remarks

 

Previously located:

-Euro JVL,

Bredabaan 967, 2900   SCHOTEN

 

Subject matter did not yet file the first set of accounts.

 

Shareholders:

Mr. Sudhir Natvarlal Shah, C-514 Arpit Enclave, Mahavir Nagar, D. Wadi, Kandivale e Mumbai 67 - India : EUR 38.000,- (EUR 20.000,- paid up)

 

Ms. Priyanka Sunay Gandhi, 702 Balkrishna Apts., Tilak Road Santacruz (W),.Mumbai 400 054 - India : EUR 37.000,- (EUR 20.000,- paid up)

 

Mr. Peter Maria Christiaan Van der Wal, Sneeuwbeslaan 19, Schelle : EUR 25.000,- - (fully paid up)

 

 

Banks

 

KBC Bank,  73.30.32.536

 

 

VAT-nr.  

 

BE880400308

 

 

Mode of payment

 

No complaints have been registered

 

 


 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions